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Re: walhall post# 1009

Thursday, 08/15/2019 4:00:42 PM

Thursday, August 15, 2019 4:00:42 PM

Post# of 3647
Why CVBT is NOT headed for Liquidation

For some reason my comment disputing claims on here keep being deleted. I thought this message board was open for discussions about facts. I will have to reach out to Investor Hub admin because I feel that certain moderators are trying to control the narrative on this board.

A message on the board keeps talking about “fraud”. Yet refuses to answer the basic question of “do you understand what Fraudulent Transfer means?”

https://en.wikipedia.org/wiki/Fraudulent_conveyance I hope this helps educate you.

Take the time to read up on the case. It is being grossly misinterpreted on this board. The case referred to that a poster on this board keeps referring to has been extended by the petitioner (the trustee) who isn’t an independent party but is the same party as the creditor. Judge Hale, a graduate of LSU, appointed the creditor, also a LSU graduate, as the trustee. More than highly unusual and certainly not independent.

There has been no “forensic accountant” appointed by the trustee/creditor. This is more misinformation. The background of the case is that Mr. Wallen who owned 100% of Tauren transferred assets from the company which he owns 100% of approximately 2 and a half years prior to the bankruptcy and that’s what the creditor is trying to claw back. The reason for the continual extensions is that the creditor and Wallen are negotiating a settlement between them.

That is what happens with a fraudulent conveyance case. I hope this helps educate certain people about what is going on.

Reread CVBTECH’s posts that explain things succinctly but the anti-Wallen person keeps conveniently ignoring time after time.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150474761

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150474667

The information above comes from talking to people who are close to CVBT and then doing due diligence to prove it out.

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